A
Avtal
Digital engagement platform for debt collection agencies.
About Avtal
Avtal is a digital engagement platform purpose-built for the debt collection industry, offering a white-labeled SaaS solution to modernize agency operations. Founded in 2023 and headquartered in Austin, Texas, the company provides tools designed to increase recovery rates, improve efficiency, and ensure regulatory compliance. Avtal's core product combines omnichannel digital outreach, including automated email and text messaging, with a self-service consumer portal where individuals can view balances, create payment plans, and make payments. This digital layer integrates with an agency's existing CRM and call center workflows, supplementing traditional collection methods rather than replacing them.
Read full description
The company's leadership team has extensive experience in fintech, digital collections, and regulatory compliance. Founder and President Joe Gelbard has a 20-year background in the field, with previous roles at companies like InDebted, TrueAccord, and LiveVox. CEO Khaled Bitar was previously the co-founder and CEO of LeftLane Software, a platform for the subprime auto lending market, and is a former consultant at Bain & Company. The leadership also includes Chief Growth Officer John McNamara, a former Principal Assistant Director at the Consumer Financial Protection Bureau (CFPB) who was involved in drafting Regulation F, a key set of rules governing debt collection communications.
Avtal operates on a performance-based business model, charging a percentage of the amount it helps clients collect, with no upfront fees or monthly minimums. This model aligns the company's success directly with the recovery performance of its clients, which are typically mid-sized, traditional U.S. collection agencies seeking to modernize. Agencies using the platform have reported recovery rate improvements of 50-75%. In March 2026, Avtal announced it had raised $24 million in a combined Seed and Series A funding round led by S3 Ventures with participation from NJP Ventures, to be used for expanding its engineering team and accelerating platform development.
At a glance
- Status
- Operational
- Founded
- 2023
- Headquarters
- Austin, United States
- Employees
- 29
- Open positions
- 2
- Dealroom signal
- 57.0/100
- Industry
- Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Revenue Management, Core AI, Debt Collection, debt management
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning Avtal.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2026 | $19M | $77M | S3 Ventures · NJP Ventures | ↗ |
| SEED✓Equity / VC | Jul 2025 | $4.8M | $19M | S3 Ventures · NJP Ventures | ↗ |
Growth signals
Latest recorded traffic for Avtal is 310K monthly website visits, up 158.3% over the last three months. Avtal's team grew 625% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 FlowGo AIAI-powered automation for financial administrative workflows |
Australia | Operational | 3 | $78K | $1.1M |
 RivioAI-powered platform for hospital revenue cycle management. |
São Paulo, Brazil | Operational | |||
 PayIGenAI financial operations platform optimizing cost allocation and ROI with centralized metrics and minimal integration |
Redmond, United States | Operational | |||
 TabsAn AI-powered AR platform that structures and organizes contracts |
New York City, United States | Operational | |||
 MentiumAI-driven end-to-end revenue management. Streamline finance, boost decision-making, and automate AR/AP |
Austin, United States | Operational | |||
 RilletAI-native ERP for automated financial operations. |
New York City, United States | Operational | |||
 TurnstileAI-first quote-to-cash platform for B2B SaaS. |
San Francisco, United States | Operational | |||
 SmartnessProvider of computer software application and revenue management system solutions to Hotel |
Riva del Garda, Italy | Operational |
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
S3 Ventures
NJP Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Avtal on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Avtal’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.